Hulman & Co. v. J. B. McBryde & Co.

80 Ill. App. 592, 1898 Ill. App. LEXIS 472
CourtAppellate Court of Illinois
DecidedFebruary 7, 1899
StatusPublished

This text of 80 Ill. App. 592 (Hulman & Co. v. J. B. McBryde & Co.) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hulman & Co. v. J. B. McBryde & Co., 80 Ill. App. 592, 1898 Ill. App. LEXIS 472 (Ill. Ct. App. 1899).

Opinion

Mr. Presiding Justice Burroughs

delivered the opinion of the court.

This is an appeal prosecuted by the appellants, Hulmán & Co. and Carson, Pirie, Scott & Co., to this court, from a decree rendered by the Circuit Court of Clark County, in favor of the appellees, J. B. McBryde & Co. et al., after a hearing in the consolidated cases of the appellants and others against the appellees, being a number of creditors’ bills, with averments of concealment of property and effects of said J. B. McBryde & Co., by the defendants in said bill named, and praying for discovery of such concealed property and effects, so that satisfaction of the judgments held by the appellants and the - other creditors, respectively, against said J. B. McBryde & Co., could be had.

The bill of Hulmán & Co. was filed December 26, 1896, and set up that the complainants- had, on December 10, 1896, recovered, in said Circuit Court, a judgment against J. B. McBryde and W. E. McBryde, a firm doing business as J. B. McBryde & Co., for §738.10, on which an execution was issued to the sheriff of Clark county, Illinois, and return, December 18, 1896, “no property found, execution riot satisfied;” that the claim of complainants, on which said judgment was rendered, was owing them by J. B. McBryde & Co., long prior to November 25, 1896; and that on or about that date J. B. McBryde & Co. made a sale of their stock of goods to one W. G-. Hersig, a son-in-law of J. B., and a brother-in-law of W. E. McBryde, for an inadequate consideration, and on the agreement of said Hersig that he would pay certain debts then owing by J. B. McBrvde & Co., among which was the claim of the complainants; that the sale of'said stock of goods was for the express purpose of hindering and delaying, as well as to defraud the complainants and other creditors of J. B. McBryde & Co., in collecting the claims owing them by J. B. McBryde & Co.; that Hersig had not paid complainants the indebtedness owing them by J. B. McBryde & Co., but had failed and refused to do so, notwithstanding the fact that he was selling out said goods and appropriating the proceeds thereof to his own use.

The bill further alleged that as a part of the pretended consideration of the sale of the stock of goods, J. B. MeBryde had in his possession and held a certain note of W. G. Hersig, due thereafter, for $305.30; and that said note, and others in the possession of the defendants to the bill, were assets of J. B. McBryde & Co., which in equity should be subjected to the payment of their debts. The bill required answers under oath, prayed for a disclosure of all property, or the proceeds thereof, in the hands of, or under the control of each of the defendants and belonging to J. B. McBryde & Co.', so that their creditors might resort thereto and collect the claims owing them by McBryde & Co.

In addition to the other relief sought in the bill, the complainants prayed for and obtained, on December 26,1896, a temporary injunction, restraining J. B. and W. E. McBryde from selling, assigning, incumbering, or in any manner disposing of any property or effects in their possession or under their control, except such as is exempt by law.

On February 24, 1897, John Y. Farwell & Co., having a judgment against J. B. McBryde & Co., for $373; John M. Loake & Co., having a judgment against them for $278; Isaac Greenfelder & Sons, having a judgment against them for $ 178, each filed in said Circuit Court, a creditor’s bill; and on March 22,1897, Carson, Pirie, Scott & Co., also filed in said Circuit Court a creditor’s bill on a judgment for $466.37 and costs against said McBryde & Co., and-made some others defendants thereto; all being of the same general tenor as the bill of Hulmán & Co., except that the respective judgments in their favor against J. B. McBryde & Co. were of different dates, and in the case of Carson, Pirie, Scott & Co., made one William Abraham, who it averred had bought an interest in the said stock of goods from W. G. Hersig, subsequent to the filing of the bill of Hulmán & Co., and C. Fugua & Sons, who it averred had purchased said stock of goods from Hersig & Abraham, on March 5, 1897, were made also defendants.

The record discloses that the temporary injunction was served on J. B; and W. E. McBryde on December 28, 1896, and the summons in the Hulmán & Co.’s bill was served on the defendants therein named on December 29, 1896.

W. G. Hersig and other defendants thereto answer these bills under oath, and by express agreement of the parties, no answers were filed by C. Fugua, William Abraham and some other defendants, as without any answers from them, or replications thereto, the other answers ánd replications were to be'considered as adopted by such parties the same as if expressly filed.

The answer of W. G. Hersig filed to the bill of Hulmán & Co., as also to the other of said bills, among other things states, that J. B. McBryde & Co. sold their entire stock of goods, etc., to him on JSTovember 24, 1896, since which time they have not been engaged in such business. He further therein admits that he is the son-in-law of J. B. McBryde and the brother-in-law of W. E. McBryde, arid he denies that the McBrydes, or either of them, have made an assignment or transfer of their property or part thereof to him which was merely colorable, and made with a view of protecting their property or effects, and placing same beyond the reach of complainants’ said judgment, and to enable the McBrydes to .control and enjoy same and the avails thereof or to hinder or delay complainants in the collection of their debt now in judgment as aforesaid; and it further states that immediately after he purchased said stock of goods from the McBrydes, he went into possession thereof, and on December 22,1896, he sold so much of said stock of goods as were at Mt. Moriah store to R. F. Fears, for $544.12, of which $194.12 is not secured and perhaps not collectible; that on January 18, 1897, he sold the one-half of said stock of goods at Casey to óne W. Abraham for $2,168.84; and that on March 6, 1897, he and said Abraham sold all of said stock of goods to C. Fugua & Sons for $4,408.50.

His answer further states that he purchased said stock of goods from J. B. McBryde & Co. for $5,103.60, which was a fair cash value therefor,' and at that time J. B. McBryde & Co. were indebted to him for borrowed money, which had been used by them in purchasing goods for said stock, to the sum of $661.38, which was then due him from them, and he, for the purpose of collecting the same, was induced to purchase said stock, and that he paid J. B. McBryde & Co. for said stock of goods in full, the consideration so paid for same being as follows :

“ Indebtedness Assumed.

To Mills & Averill. St. Louis....................8 Si 66

To B. L. Adams, Casey......................... 57 45

To D. C. Joplin, St. Louis...................... 107 00

To Hulmán & Co., Terre Haute................. 8 79

To Trolicht, Bunker & Co., St. Louis............ 12 00

To H. Kennedy, Casey......................... 68 00

To Standard Oil Co., Effingham................. 4 02

To Mound City Paint Co., St.

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63 Ill. App. 498 (Appellate Court of Illinois, 1895)

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Bluebook (online)
80 Ill. App. 592, 1898 Ill. App. LEXIS 472, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hulman-co-v-j-b-mcbryde-co-illappct-1899.